While the GOP is busy trying to tear down democracy, there are some difficult realities facing America right now that could really use their attention. We are starting 2021 off in bad shape, considering that this is the most prosperous country on earth. #velshi
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I don’t know how many GOP members of the House and Senate watch @VelshiMSNBC so I have a favor to ask of you: If you know any, or know anyone who knows any, could you pass this message on to them for me? #velshi
While the GOP is busy trying to tear down democracy, there are some difficult realities facing America right now that could really use their attention. We are starting 2021 off in bad shape, considering that this is the most prosperous country on earth. #velshi
America is not the most populous nation in the world; it’s only about 4.25% of the global population. Yet America accounts for nearly a quarter of the world’s coronavirus cases and deaths. #velshi
55 million Americans are living in poverty. You’ve seen images of cars lined up at food banks. 1 in 6 Americans are now food insecure, meaning they aren’t certain whether they will have the resources to put food on the table for their next meal. #velshi
In America, most people’s health care coverage is, stupidly, tied to their job, so 29 million Americans now don’t have health insurance. Up to 40 million renters are far enough behind on their rent to be living in fear of eviction. #velshi
Almost half of Americans own stock, but most of the gains go to the wealthiest 20% - people like the 659 American billionaires who control FOUR TRILLION dollars in wealth. That’s equal to what the 165 MILLION poorest Americans have, combined. #velshi
I have spent months travelling this country, talking to Americans who earn wages for a living or run small businesses about their fears and aspirations they all want the same things... #velshi
Americans want a fair chance to survive. To not lose their business. To not have to choose between staying home from work or going to work and possibly dying from an invisible virus. #velshi
Nobody I spoke with during #VelshiAcrossAmerica aspired to be a billionaire. They just wanted to keep the doors of their businesses open, their staff paid, their job, their health insurance, food on their table. That’s all they wanted. It’s all they still want. #velshi
Republicans argued for NINE MONTHS (since the last relief bill) to give Americans $600 of their own money back. $66 for every month Republicans stood in the way. $2.22 a day. That same $600 check is substantially less than rent for most Americans. So much for relief.#velshi
This relief bill is pathetic, and it’s shameful. And it needs to be fixed. We need to change the warped way in which so-called fiscal conservatives twist themselves into knots to justify giving taxpayer funded dollars to Americans in need. #velshi
The so-called “conservative” senators objecting to the hole that giving people $2000 instead of $600 would blow in the deficit were SILENT when it came to giving money to corporate America and the wealthy. #velshi
But here’s the thing, Senators: it’s not your money. It belongs to the American people. Americans don’t want your charity. They want their money. They need their money to make it to the other side of this pandemic. #velshi
More from Ali Velshi
More from For later read
Help! What precisely is "inductive bias"? Some ML researchers are in the opinion that the machine learning category of \u2018inductive biases\u2019 can allow us to build a causal understanding of the world. My Ladder of Causation says: "This is mathematically impossible". Who is right? 1/
— Judea Pearl (@yudapearl) February 14, 2021
I crucial step on the road towards AGI is a richer vocabulary for reasoning about inductive biases.
explores the apparent impedance mismatch between inductive biases and causal reasoning. But isn't the logical thinking required for good causal reasoning also not an inductive bias?
An inductive bias is what C.S. Peirce would call a habit. It is a habit of reasoning. Logical thinking is like a Platonic solid of the many kinds of heuristics that are discovered.
The kind of black and white logic that is found in digital computers is critical to the emergence of today's information economy. This of course is not the same logic that drives the general intelligence that lives in the same economy.
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Curated the best tweets from the best traders who are exceptional at managing strangles.
• Positional Strangles
• Intraday Strangles
• Position Sizing
• How to do Adjustments
• Plenty of Examples
• When to avoid
• Exit Criteria
How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr
• When to sell
• How to do Adjustments
• Exit
1. Let's start option selling learning.
— Mitesh Patel (@Mitesh_Engr) February 10, 2019
Strangle selling. ( I am doing mostly in weekly Bank Nifty)
When to sell? When VIX is below 15
Assume spot is at 27500
Sell 27100 PE & 27900 CE
say premium for both 50-50
If bank nifty will move in narrow range u will get profit from both.
Beautiful explanation on positional option selling by @Mitesh_Engr
Sir on how to sell low premium strangles yourself without paying anyone. This is a free mini course in
Few are selling 20-25 Rs positional option selling course.
— Mitesh Patel (@Mitesh_Engr) November 3, 2019
Nothing big deal in that.
For selling weekly option just identify last week low and high.
Now from that low and high keep 1-1.5% distance from strike.
And sell option on both side.
1/n
1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr
• Sold Strangles 20% cap used
• Added 20% cap more when in profit
• Booked profitable leg and rolled up
• Kept rolling up profitable leg
• Booked loss in calls
• Sold only
Sold 29200 put and 30500 call
— Mitesh Patel (@Mitesh_Engr) April 12, 2019
Used 20% capital@44 each
2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.
• Identified a reversal and sold puts
• Puts decayed a lot
• When achieved 2% profit through puts then sold
Already giving more than 2% return in a week. Now I will prefer to sell 32500 call at 74 to make it strangle in equal ratio.
— Mitesh Patel (@Mitesh_Engr) February 7, 2020
To all. This is free learning for you. How to play option to make consistent return.
Stay tuned and learn it here free of cost. https://t.co/7J7LC86oW0